RHCO) ANNOUNCES REVENUES BEFORE CHINESE NEW YEAR UP 700% IN JANUARY

HONG KONG, February 4, 2022 /PRNewswire/ — READEN HOLDING CORPORATION (OTC PINK: RHCO), a venture capital firm active in the financial technology, online payment and e-commerce sectors, today announced that the Fintech division of the company, which includes OkePay, OkeApp and Readyes, has a significant increase in revenue for the first month of 2022. In January, as the Chinese New Year approached, the Fintech division recorded a 700% revenue gain compared to December 2021. January revenue is approximately equal to the division’s total revenue for the last six months of 2021. The huge revenue growth resulted from the successful launch of OkeApp and Readyes last year.

Launched smoothly into June 2021, OkeApp (www.okepartners.com) is a one-stop, state-of-the-art solution for consumers and merchants. As consumers will benefit from notable discounts by using OkeApp, no direct payment fees are applied to participating merchants. Merchants will reap the benefits of the above and below the line marketing campaigns provided by OkeApp. In addition, OkePartners who help recruit Consumers will receive cash rewards for all transactions made by such Consumers through the OkeApp with Participating Merchants. OkeApp transactions were boosted during the Christmas holidays and ahead of the Chinese New Year, with new merchants signing up daily.

RHCO also launched Readyes (www.readies.biz) in 2021 and it has been popular in the e-voucher industry. Readyes is an online payment method that allows people to pay online in over 50 countries. Thousands of online prepaid payments are made every day through the Readyes network to securely pay for goods and services. It’s the perfect online payment solution for those who value data security, want to track their expenses, or simply don’t have a bank account or credit card. Recently, Readyes signed deals to offer over 200 prepaid gift cards for sale on its platform, which include some of the most popular service providers in various industries.

The launch of OkeApp and Readyes generated more than 50,000 transactions per month. These transactions optimized the use of OkePay, a comprehensive back-end payment platform operated by RHCO, which accepts standard credit and debit cards, such as Visa, MasterCard, AMEX, UnionPay, as well as Alipay. , WeChat Pay and other mobile wallets and e-vouchers. RHCO predicted that transactions would continue to grow in 2022 as OkeApp and Readyes recruit more merchants and attract more consumers/users.

Richard Klitsie, CEO of RHCO said, “The company wishes a happy new year to all its shareholders, as RHCO starts the year 2022 on a high note. We still believe in the potential of OkeApp and Readyes, and they have started performing. as we had planned. Our goal will be to improve payment solutions and user experience, as well as expand their market. Everyone at RHCO is confident of a profitable quarter and year.”

Readen Holding Corp. (www.readenholdingcorp.com) is a publicly traded venture capital firm, with significant holdings in the Fintech industry and has increased its investments in the e-commerce and electronic payment sectors, such as;

www.okepay.biz
www.readies.biz
www.okepartners.com
www.oktoken.biz
www.neckermanndirect.eu
www.twopercent.hk
www.fligrofood.com

RHCO is a diversified holding company, with an operating history of over 30 years, that seeks opportunities to acquire and grow businesses that can generate long-term sustainable free cash flow and attractive returns, in order to maximize value for all shareholders. RHCO has subsidiaries and liaison offices in Europe and Asia.

For more information, please contact RHCO at [email protected] or +852 3950 5911
RHCO’s professional email address is [email protected]
RHCO’s corporate website can be accessed at www.readenholdingcorp.com
RHCO’s Twitter account can be accessed at https://twitter.com/readenrhco

This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, which are intended to be covered by the safe harbors thus created. . Investors are cautioned that all forward-looking statements involve risks and uncertainties, including, without limitation, the ability of Readen Holding Corp. to accomplish its stated business plan. Readen Holding Corp. believes that the assumptions underlying the forward-looking statements contained herein are reasonable, that each of the assumptions may be incorrect and, therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the material uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be construed as a statement of Readen Holding Corp. or any other person.

SOURCE Readen Holding Corporation